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Tuesday, May 19, 2015

So, the FCC's"Separating Fact from Fiction" statement saying that "The Order doesn't reduce broadband investment" (seeFCC's Net Neutrality: No Price Regulation; Won’t Reduce Investments - here) was correct, at least for AT&T - but probably because of other reasons.

Matthew J. Belvedere reports to CNBC that "AT&T chief Randall Stephenson[pictured] said Monday the new FCC net-neutrality rules will be changed by the courts or Congress. Under this operating principle, he said the company is moving forward with $18 billion of broadband investments.

"We have seen the way the rules came out, ... and as we read those rules we do believe they are subject to modification by the courts" or by Congress, Stephenson said on CNBC's "Squawk Box"

"So we've said we're going to invest around $18 billion this year. That will allow us to deploy a wireless broadband solution to 13 million homes around the U.S.," he said. "That compares to about $22 billion last year." If you don't see the video below, try here